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SaiKiran578

BERGERPAINT - About to go UP

Long
BERGER PAINTS IND (NSE:BERGEPAINT)  
SaiKiran578 Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
Trend Analysis Harmonic Patterns Chart Patterns channeltrend channelline
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trendanalysis harmonicpatterns chartpattern channeltrend channelline
BERGERPAINT broke the channel pattern, but recovered and about to go for a breakout.

LONG RISK REWARDS are mentioned in the chart.


Target - 655.8, 670.15

SL - 639.35
Trade active:
It just hit the SL, and started going up. Due to the increase in volume, I have re-entered the trade and holding the Dec FUT.
Comment:
Changed the SL to 647.1 (For Dec FUT, it will be 649)
Comment:
Changed trailing SL to 658 (Even for Dec FUT, it will be 658)
Trade active:
Target is reached. But holding DEC FUT with trailing stop loss to 663.
Comment:
Still holding DEC FUT with trailing stop loss to 663
Comment:
Still holding DEC FUT with trailing stop loss to 770.
Trade closed: target reached:
Closed the trade.
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